In January 2019, the Trump administration imposed sanctions on Venezuela’s oil shipping sector in an ongoing bid to force President Nicolás Maduro from power. The sanctions deepened Venezuela’s already severe humanitarian crisis leading to runaway inflation and widespread fuel shortages. But the beleaguered nation can somewhat now breathe a sigh of relief after maritime intelligence firm Lloyd’s List reported that an Aframax tanker has loaded a third crude cargo destined for China via a ship-to-ship transfer five months after being sanctioned in June by the U.S. administration for shipping Venezuelan oil. The tanker was one of six, mostly Greek-owned vessels carrying Venezuela’s crude that were targeted by the U.S. in a shock move. The Aframax vessel, owned by Greece’s Eurotankers of the Gotsis-family, received an 80,000-90,000 tonnes cargo of Venezuelan crude via ship-to-ship transfer from a Suezmax tanker on November 30 in waters off the Sungai Linggi. Back in […]